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Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) of National Guaranty Insurance Company of Vermont (NGIC), based in Burlington. 30 May 2017
Analysis
The State of Tennessee is working to make itself a more attractive domicile to locate a captive insurance company with the introduction of new legislation. 25 May 2017
Analysis
Willis Towers Watson’s Global Services and Solutions (GSS) practice has appointed Paul Devitt as director, based in London. 25 May 2017
Analysis
The Alabama Captive Association has revealed its new board of directors ahead of its annual conference, to be held September 18-19. 24 May 2017
Analysis
Vermont’s governance standards should be viewed as a tool to help board members meet their fiduciary responsibilities and promote uniformity in regulation, as Sandy Bigglestone, director of captive insurance, and Christine Brown, assistant director of captive insurance at the Vermont Department of Financial Regulation, explain. 24 May 2017
Actuarial & underwriting
XL Catlin has appointed Steven Bauman as head of global programmes and captive practice in North America, based in New York. 23 May 2017
Analysis
Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of Palms Insurance Company, the Cayman Islands-based captive of NextEra Energy Capital Holdings (NEECH). 22 May 2017
Accounting & tax analysis
The Puerto Rico International Insurers Association (PRIIA), an industry trade group, has assured that its international insurers are ‘open for business’ in spite of the fact the island is filing for voluntary bankruptcy. 22 May 2017
Analysis
The chief executive of Guernsey Finance, Dominic Wheatley, says that Guernsey is seeing in both China and Hong Kong a growing awareness of what captives can achieve for corporations in terms of both the financing and the governance of retained risks. 19 May 2017
Analysis
The Vermont Captive Insurance Association (VCIA) will be holding its annual captive insurance conference on August 8-10. 19 May 2017
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